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SHAMS: NETS WAIVE, BUY OUT KENNETH FARIED

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NBA: Brooklyn Nets at Boston Celtics David Butler II-USA TODAY Sports

Shams Charania of The Athletic reported late Friday that the Nets are about to buyout Kenneth Faried who is expected to join the Rockets.

Houston is expected to give Faried immediate minutes. The Rockets recently lost Clint Capela will give Faried immediate minutes, replacing the injured Clint Capela, out four to six weeks after thumb surgery Thursday.

The Nets made it official at 10 a.m. Saturday...

No word on how much —if any— of his $13.8 million contract Faried gave up in the buyout.

Faried, acquired in a salary dump last July 13, had played sparingly this season. He’s played in only 12 out of the Nets 47 points, averaging 5.1 points and 3.7 rebounds in 9.8 minutes. Twice this month, the Nets gave him extensive minutes and he came away with double-doubles.

The first indication that Faried might be leaving came earlier this week when Ian Eagle told Steve Lichtenstein of WFAN that the 6’8” Newark native was the only Nets player not “all-in.”

The Nets will now have an open roster spot which they can use to convert one of their two-way deals to a conventional contract ... or leave open to give Sean Marks a free roster spot for an unbalanced trade.

Michael Scotto of The Athletic tweeted that the Nets will likely keep the spot open ... for now.

And Kenny Atkinson said, the Nets have yet to decide what direction to go.

In the July trade, the Nets took on Faried’s $13.7 million expiring deal and received two draft picks, the Nuggets first rounder this June and the Nuggets second rounder next year, as compensation.